AIG to pay $100M bonuses
March 14, 2009 6:33 PM   Subscribe

This is insanity More AIG bonuses. “We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” says A.I.G.’s government-appointed chairman, Edward M. Liddy. Oh really? Best and brightest are really what we need to lead us out of this mess? Worked so well in the past.
posted by pallen123 (7 comments total)

This post was deleted for the following reason: This does come off as really bloggy—less with the personal editorial framing on mefi posts, please. -- cortex



GYOB
posted by photoslob at 6:35 PM on March 14, 2009


Par for the course. Everybody else who got bailout money did it.
posted by Balisong at 6:39 PM on March 14, 2009


"If we stop the banquet, there won't be any crumbs for the prole waiters!" say the best and the brightest.
posted by orthogonality at 6:42 PM on March 14, 2009


Best and brightest are really what we need to lead us out of this mess?

Or the mods.
posted by gman at 6:42 PM on March 14, 2009


Until these folks are thrown in prison, it won't stop.
posted by Blazecock Pileon at 6:42 PM on March 14, 2009 [1 favorite]


A lot of people take jobs every single day where the pay scale is determined by the government. This is a complete excuse. Revoke the AIG bailout.
posted by cmgonzalez at 6:45 PM on March 14, 2009


Edward M. Liddy is no relation to G. Gordon....right?
posted by DU at 6:46 PM on March 14, 2009


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